click to show more information

click to hide/show information About your Search

20121112
20121120
STATION
MSNBCW 2
CNN 1
CNNW 1
KGO (ABC) 1
MSNBC 1
WJLA 1
WMAR (ABC) 1
LANGUAGE
Search Results 0 to 7 of about 8 (some duplicates have been removed)
closing loopholes. that is a reputation of what john boehner suggested in the days since the president has been re-elected. >> that's totally right. a key point, the simpson-bowles tax idea is kind of a magic pony, right. everyone agrees in the ab instruct, we can bring down the rates, close loopholes and deductions and raise revenue. if that's such a wonderful idea how come it's only come up now. how come no one has done it. the reason is because it's really, really hard politically. once you get into the specifics. if you're trying to tie all the revenue to this abstract tax reform idea you're going to get into a position where the revenue is about never going to happen because once you get into reality it doesn't materialize. >> you have to do both, john. you have to do -- you have to raise the the rates and close loopholes to get the amount -- >> just raise the rates. >> you can't raise the rates high enough to produce $1.6 trillion. >> you can get $900 billion from expiring the bush tax cuts. >> and where do you get the other $700 billion from from. >> do a little reform and cut the r
anything that speaker boehner said make you optimistic? was it just that urgency that you're talking about? >> well, it's the urgency, but i think the spirit at the table was one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december so the confidence of the markets and, most importantly, the confidence of the consumers returns to infuse our economy with demand, which creates jobs. >> you said afterwards there would be these milestones of success. how will that work? what are the goals? are there interim goals? >> well, my suggestion was that we at some point, not necessarily today, decide on what our goal is in terms of the amount of deficit reduction that we can achieve, some date by which we'd like to do it, the middle of december so this doesn't take us up to christmas, some milestones along the way so progress can be demonstrated we're moving in a forward direction. >> i spoke to senator michael bennet of colorado earlier this week. he said this really comes down to speaker boehner and president obama
. >>> if the fiscal cliff negotiations seem familiar, we've seen the movie before. president obama and speaker boehner were unable to reach a debt deal in 2001. one of the by-products of the inaction was a downgrade of the country's credit rating. could this happen again? and what would it mean for the nation's financial standing across the globe? joining me is jared bernstein, senior fellow at the center for budget policies and priorities. good to see you again, when it comes to the credit rating, we've seen it happen before. all three credit rating agencies are saying you've got to put a deal together in washington, if you guys in washington don't get it done, we're going to downgrade your credit. >> we've seen this movie before. it's not a good movie. i will remind viewers that the last time standard and poors did take us down a notch, it actually didn't hurt our ability to finance our debt at all. so that was kind of blown off by the markets, but this time could be different. there's one interesting wrinkle here. i do believe that if the political discourse, which is actually sounding a little bet
at this point is likely no because even the top republican in congress, house speaker john boehner yesterday threw cold water on it saying he doesn't think it's necessary and the top democrat in the senate says the same thing, and others, as well. i have to tell you something that just happened on capitol hill, and that is our senate producer ted barrett just ran into john mccain and asked about something that we're hearing from democrats, which is john mccain is calling for more information to congress, but he had a press conference yesterday instead of going to a closed briefing where administration officials were giving more information. well, ted barrett asked john mccain about that, and it was apparently an intense very angry exchange and mccain simply would not comment on it at all. >> so this is just getting uglier and uglier, at least more passionate, shall we say, dana bash. >> absolutely. >> thanks so much. >>> the gop republicans struggling with its party identity after losing the presidential election last tuesday and it's not just pundits trying to figure out why the republicans
Search Results 0 to 7 of about 8 (some duplicates have been removed)